CCPI-based overall rate of inflation drops to 0.09% in March 2024

March 28, 2024 at 5:08 PM

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI), has decreased to 0.9% in March 2024.

According to the Department of Census and Statistics, it has dropped 5% compared to the 5.9% that was recorded in February 2024.

Food inflation for March has, however, increased marginally to 3.8%, compared to the 3.5% reported in February.

Non-food inflation has decreased to (-0.5)% in March, compared to the 7% recorded in February this year. 

The full report : http://www.statistics.gov.lk/WebReleases/CCPI_20240328E (NewsWire)